Common use of Cyber Extortion Clause in Contracts

Cyber Extortion. This exclusion applies even if loss, damages or expenses are claimed for notification costs, credit monitoring and repair expenses, forensic expenses, public relation expenses or any other loss, damage or expense incurred arising out of any access to or disclosure of any person’s or organization’s confidential, intellectual, proprietary or personal information and data. However, this exclusion shall not apply to any liability for bodily injury or property damage. It is further agreed that nothing herein shall act to increase PRISM’s limit of liability. This endorsement is part of the Memorandum and takes effect on the effective date of the Memorandum unless another effective date is shown below. All other terms and conditions remain unchanged. Authorized Representative Public Risk Innovation, Solutions, and Management As respects ultimate net loss, this Memorandum does not apply to Liability arising out of: a. any actual, alleged or threatened infectious, pathogenic, toxic or other harmful properties of any "organic pathogen." b. claim, suit, request, demand, order or statutory or regulatory requirement for damages because of testing for, monitoring, cleaning up, removing, containing, treating, detoxifying or neutralizing, or in any way responding to, or assessing the effects of any "organic pathogen."